“Top news” generally refers to the most important and significant stories of the day, week, or month, as determined by journalists, editors, or news outlets. Top news stories often cover a range of topics, including politics, economics, social issues, health, and entertainment, among others.
Top news stories are usually reported by reputable news organizations, such as major newspapers, news networks, and news websites, and are often featured prominently on their front pages or homepages.
Lenders are significantly increasing the cost of mortgage borrowing, as was widely expected following last month’s inflation news, to the dismay of beleaguered borrowers, writes Jo Thornhill. The headline rate of inflation fell from 10.1% to […]
(Reuters) – Britain’s largest mortgage provider Halifax will ramp up interest rates for new home loans on Wednesday, according to pricing provided to brokers, the latest major lender to do so in response to soaring […]
With nearly $1.5 trillion in commercial mortgages coming due over the next three years, many landlords are vulnerable to default in part because of how their loans are structured. By June 6, 2023 12:01 am […]
(Bloomberg) — The Bank of Canada probably isn’t done raising interest rates. Whether they move now or in July, policymakers led by Governor Tiff Macklem are expected to resume their tightening campaign. About one in […]
The U.S. housing market is gradually cooling off amid elevated mortgage rates and growing recession concerns. The national median existing-home sales price in April slipped 1.7% from one year ago to $388,800, according to USA TODAY. In […]
Some $1.5 trillion in mortgages will come due in the next two years – paving the way for a financial crisis as higher interest rates push down property values As this event looms, big banks such […]
Hundreds more home loan deals have been pulled by banks and building societies since the end of last week while rates on new fixed mortgage deals are continuing to ratchet upwards, the latest data reveals. […]
LONDON, June 6 (Reuters) – The Bank of England is trying to curb an inflation rate that is running higher in Britain than in the United States and the euro zone, without pushing the economy […]
HONG KONG, June 6 (Reuters) – Hong Kong ‘s central bank plans to test the use of its digital currency under a pilot project in its HK$1.8 trillion ($229 billion) mortgage market, with an aim […]
There’s trouble ahead in the commercial real estate space—especially in the office sector, which has been plagued by the shift to remote work. In the first quarter of this year, the commercial real estate loan delinquency rate increased […]
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